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Businesses large and small and across many sectors share their views on the massive West Coast port cargo delays.
The Shanghai Shipping Exchange shows spot rates to Europe at low of $399 per TEU.
The U.S. Surface Transportation Board approved a joint proposal by Anacostia Rail Holdings’ Louisville & Indiana Railroad and CSX to upgrade the rail line.
The recovery of congestion laden West Coast ports significantly impacted shipment volumes and expenditures, according to the latest Cass Freight Index Report.
The port attributed the results primarily to throughput growth in oil products, LNG and container cargo.
Maersk Group and Crowley Maritime say the new company, called Ardent, will be headquartered in Houston.